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May 2, 2024 |
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| Home > Small Business Lenders by State > Mississippi Business Loan Sources > Goleta, Business Loans > Community W. Bank Goleta Business Loans > Tcby Loan | ||||
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I Need a Business Loan to Buy a Franchise in Hernando, Mississippi
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Borrow Money to Buy a Tcby FranchiseNeed money to buy a Tcby franchise? Community W. Bank has a history of making these loans and they are guaranteed by the SBA. An entrepreneur in Hernando, Mississippi needed money to invest in a Tcby franchise back in 2003. Community W. Bank issued an SBA franchise loan. Here are the details on this Mississippi small business loan. SBA Loan Borrower TCBY SBA Loan Lender COMMUNITY W. BANK This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code 722213 - Snack and Nonalcoholic Beverage Bars Loan Approval Date 8/13/2003 Loan Approval Gross Amount $146,100 Loan Approval from the SBA Of the total $146,100 loan amount, the SBA guaranteed $124,185. More Information on This SBA Loan The borrower borrowed this money for a new business. This loan was used to buy a Tcby franchise. At the time of the loan, the company had 5 employees. The SBA loan application for the borrower did not indicate that the small business planned to use the funding to hire new employees or retain any existing employees. Start the Process for Getting an SBA Loan Today! The Small Business Administration (SBA) provides government-guaranteed loans designed to help small businesses that may not otherwise qualify for credit get the funds they need. This firm was able to get an SBA loan -- a strong sign of business strength. Do you think you have what it takes to get an SBA loan too? The SBA can be a great solution for raising money quickly to start or grow a business. Your next step is to speak with a banker at an SBA approved bank. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: Where to Get an SBA Loan in Goleta, California
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